19.05.2025
The year 2025 is expected to mark yet another period of sharp growth in the acquisition of holiday homes across Greece by European buyers. According to our data, during the first four months of this year (January–April), this continues the strong upward trend of 2024, with Belgium, the Netherlands, and Germany emerging as particularly dynamic markets.
"Compared to the same period in 2024, we have recorded a 91% increase in sales to Dutch buyers, a 103% increase to Belgians, and a 64% rise to Germans (including, of course, Greeks living abroad)," states Mr. George Gavriilidis, CEO of Elxis. The Greek company is headquartered in Utrecht, Netherlands, and has offices in Thessaloniki and Crete. It specializes in selling holiday homes to foreign buyers, offering a comprehensive service package—from legal and technical due diligence to post-sale property management. According to Mr. Gavriilidis, "A few months ago, we predicted that the recovery of property prices in the European market would benefit the Greek holiday home market. This assessment is being confirmed so far, based on the sales data we have, which shows a significant increase in both demand and new investments. A price comparison between Greece and other countries clearly favors Greece," he emphasizes.
According to him, the purchase of a newly built three-bedroom villa in Crete—with high energy efficiency, a garden, and a pool—costs around €350,000, whereas in the Netherlands, a 100 sq.m. apartment in Amsterdam costs over twice as much (€700,000–€800,000). According to data from the Bank of Greece, in 2024, real estate buyers from EU countries invested €1 billion in Greece. This represents a 52.5% increase compared to 2023. Among individual countries, Germany leads the way with €162 million in property purchases (+16%), while Dutch buyers invested €96 million—a 100% increase compared to 2023. French investors also saw a strong 79% rise, spending a total of €77 million on Greek property in 2024. Based on Elxis’s analysis, most buyers seek holiday homes priced between €250,000 and €600,000, with the majority falling in the €350,000–€450,000 range.
The most investment-active buyers are the Dutch, followed by the Belgians. Around 50% of buyers from these countries are investment-oriented and choose to rent out their holiday homes during the periods they are not using them. In contrast, buyers from countries like Germany and France are more focused on personal use, although some also explore rental income through short-term leasing. Buyers from Northwestern Europe (e.g., the Dutch, Belgians, Germans, Swiss, and French) prefer holiday homes in Crete, the Ionian Islands, the Peloponnese, and Rhodes. Some also opt for specific Cycladic islands where good investment opportunities may be found.
29.06.2026
More and more buyers from the United States and Canada are looking to fulfill their own "Greek dream" by purchasing a holiday home in Greece. According to our data, demand from these two markets increased by 50% during the first half of this year, establishing an entirely new trend in Greece's holiday home market.
25.05.2026
Holiday home prices across Greece are rising by 10.8% this year. According to a recent study of ours, the average price per square meter increased by 10.8% during the January – April period of this year compared to the same period last year, reaching €3,398/sq.m. from €3,067/sq.m. The main reason behind this increase is the significant rise observed in newly built properties, driven by strong purchasing interest from abroad, a sector in which we specialize, promoting properties to foreign buyers, mainly from Northern Europe and the United States. Specifically, in holiday homes purchased off-plan, the average value of signed contracts rose by 12.5% to €507,427. At the same time, the average price per square meter increased by 12%, from €3,790 to €4,245.
Commenting on this development, George Gavriilidis, CEO of Elxis, stated: “This year’s increase and the overall trend highlight the strong interest in newly built homes, despite increases in construction costs due to price adjustments. Buyers seeking modern specifications, high energy efficiency, and flexible usage options, such as personal use or investment purposes, continue to drive demand in the Greek market.”
27.04.2026
Crete, the Peloponnese, and the Ionian Islands stand out this year in terms of demand for holiday homes from international buyers. At the same time, an increasing number of foreign buyers are seeking newly built properties “off-plan” to benefit from lower prices. These findings come from one of the recent analyses.
23.03.2026
A shift is evident this year in the profile of foreign property buyers in Greece, following adjustments to the Golden Visa program. According to an analysis by Elxis – At Home in Greece, demand for residency permits has dropped by 83% compared to last year. This is based on demand data and trends observed through Elxis’ network and its offices in the Netherlands, Thessaloniki, and Crete.
19.01.2026
Our survey forecasts notable changes compared to previous years and the formation of new trends in the holiday home market for 2026. Throughout our research, we identified an increasing shift not only toward luxury and high-end properties, but also toward more affordable holiday homes of smaller surface areas, based on demand observed in selected projects with such characteristics.
17.12.2025
Holiday homes with an average value of €450,000 were the primary choice in 2025 for foreign buyers. This represents a 37.3% increase over 2024, demonstrating international investors’ willingness to spend more to acquire higher-quality properties. This is the main conclusion of our latest survey by Elxis – At Home in Greece.
17.11.2025
Foreign buyers of holiday homes are showing a clear preference this year for more expensive and luxurious properties, as the percentage of those choosing homes worth over €600,000 has tripled. Even though prices have already risen significantly, international buyers continue to view the prospects of the Greek market — and the value it offers — very positively. As a result, they are turning to increasingly high-quality properties to upgrade their quality of life by acquiring the home of their “dreams.” These are some of the conclusions of the latest analysis of holiday-home market trends by Elxis – At Home in Greece (www.elxis.com), a leading company in selling holiday homes to foreign buyers.
24.10.2025
An exponential increase both in the speed of real estate transactions and in the overall size of the real estate market can be achieved through the availability of publicly accessible and reliable data, especially for prospective buyers from third countries. This was the key takeaway from the remarks of Mr. Dion Gavriilidis, Managing Partner of Elxis – At Home in Greece, a leading company in the sale of holiday homes in Greece.
